1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Brrunno [24]
4 years ago
12

The maintenance expenses on a rental house you own average $200 a month. The house cost $219,000 when you purchased it four year

s ago. A recent appraisal on the house valued it at $239,000. If you sell the house you will incur $14,000 in real estate fees. The annual property taxes are $4,000. You are deciding whether to sell the house or convert it for your own use as a professional office. What value should you place on this house when analyzing the option of using it as a professional office?
Business
1 answer:
Serhud [2]4 years ago
0 0

Answer:

value we place on this house when analyzing the option of using it as a professional office is $225000

Explanation:

Given data

house cost 4 year ago  = $219,000

house valued = $239,000

real estate fees = $14000

property taxes = $4,000

to find out

What value should you place on this house

solution

we know if we sell house we should pay real estate fee

so we get need money to place is present cost - real estate fees

so cost will be

cost = house valued  - real estate fees

cost = 239000 - 14000

cost = 225,000

so value we place on this house when analyzing the option of using it as a professional office is $225000

You might be interested in
Ed is taking off from work for five hours this afternoon and going to a baseball game. The ticket to the game costs $20 and it c
NeX [460]

Answer:

opportunity cost =  $85

Explanation:

given data

game ticket costs =  $20

parking cost = $15

Ed earns = $10 an hour

time = 5 hour

solution

first we get here opportunity cost for 5 hour on game that is

so Ed earns for 5 hour is = $10 × 5 = $50

so here opportunity cost will be

opportunity cost = Ed earns + parking cost + game ticket costs   ............1

put here value and we get  

opportunity cost = $50 + $15 + $20

opportunity cost =  $85

3 0
3 years ago
A car rental agency uses 100 boxes of staples a year. The boxes cost $4 each. It costs $10 to order staples each time, and carry
Anettt [7]

Answer: 50

Explanation:

Annual demand = D = 100

Cost of each box = C = $4

Ordering cost = S = $10

Carrying cost = I = 20 × $4 = $0.8

Economic order quantity = ✓2DS/I

= ✓(2×100×10/0.8

= √2500

= 50

5 0
3 years ago
What does a subreport typically display?
Afina-wow [57]

Answer:

data from a subform

7 0
3 years ago
When you are finished working with a presentation, you can exit powerpoint. if there is only one presentation open, you click th
vovikov84 [41]
B..................?
4 0
3 years ago
Liabilities of the commercial banking system include rev: 06_06_2018 Multiple Choice loans and deposits. reserves and loans. res
Zolol [24]

Answer:

deposits.

Explanation:

The liabilities of the commercial banking system involves capital that includes cash reserves, deposited, debts, checking, saving amount,

The deposits could be in terms of saving deposit, fixed deposits, etc

Therefore in the given case,  the deposits are the commercial banking liabilities and the rest options like loan & deposits, reserve and loans, etc are not the liabilities so these are wrong options.

7 0
3 years ago
Other questions:
  • Mr. divers retired last year with a small pension. he also has a mutual fund account made entirely up of stable fixed-rate bonds
    7·1 answer
  • A network of organizations and business processes for procuring raw materials, transforming these materials into intermediate an
    14·1 answer
  • Drag each label to the correct location on the table. Match the examples to the types of assets they represent.
    6·1 answer
  • Using the information below for Singing Dolls, Inc., determine cost of goods manufactured for the year: Work in Process, January
    8·1 answer
  • Remembering that demand elasticity is defined as the percentage change in quantity divided by the percentage change in price, if
    10·1 answer
  • The Whistling Straits Corporation needs to raise $70 million to finance its expansion into new markets. The company will sell ne
    9·1 answer
  • During January, the solar cell factory begins 57,000 solar cells, and completes 53,000 of them. The remaining 4,000 solar cells
    14·1 answer
  • On July 1, 2019, Pat Glenn established Half Moon Realty. Pat completed the following transactions during the month of July.
    9·1 answer
  • SECTION B
    6·1 answer
  • The Economy Tomorrow Suppose a country’s GDP is $10 billion and the population is 2 million this year.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!